$ETH Has Ethereum reversed? Is it bottoming out, or aiming for a long at 1900?🔥🔥🔥Since Ethereum formed a bottom at 1597, the market has attempted a reversal twice, both times reaching as high as 1800 failed. At 4 a.m., it probed 1800 again; it briefly broke through the hourly resistance level to test the 1833 high, but did not stabilize—once again ending in failure. This shows that bearish sentiment in the market is still relatively strong, with heavy sell pressure and insufficient support at the base. As the market’s trading volume shrinks, the Bollinger Bands are also slowly tightening. Next, the market is likely to experience a weak pullback and trade back and forth between 1700 and 1800. With no clear trading setup/structure, for the long term, you can consider placing long orders around 1700, with a target of 1900! For the short-term trap entries, I will lead everyone to lay positions. Recently, during my rest period, I’ve been helping friends trade Ethereum and we’ve made a small profit; my market feel is still quite good.😉#Strategy上周减持3588枚BTC

ETH2.52%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned